Here’s a basic profit and loss template for self-employed individuals that you can use:
[Your Name]
[Your Address]
[City, State ZIP Code]
[Your Phone Number]
[Your Email]
Profit and Loss Statement
For the Period Ending [Date]
Revenue:
- Sales: [Enter Total Sales Amount]
- Other Revenue: [Enter Total Other Revenue Amount]
- Total Revenue: [Calculate Total Revenue Amount]
Expenses:
- Cost of Goods Sold: [Enter Total Cost of Goods Sold Amount]
- Advertising: [Enter Total Advertising Amount]
- Car and Truck Expenses: [Enter Total Car and Truck Expenses Amount]
- Insurance: [Enter Total Insurance Amount]
- Interest: [Enter Total Interest Amount]
- Office Expenses: [Enter Total Office Expenses Amount]
- Rent or Lease: [Enter Total Rent or Lease Amount]
- Supplies: [Enter Total Supplies Amount]
- Taxes and Licenses: [Enter Total Taxes and Licenses Amount]
- Travel: [Enter Total Travel Amount]
- Utilities: [Enter Total Utilities Amount]
- Other Expenses: [Enter Total Other Expenses Amount]
- Total Expenses: [Calculate Total Expenses Amount]
Net Profit: [Calculate Net Profit Amount]
I certify that the above information is correct and accurate. By signing below, I authorize [Your Name] to use this information for financial reporting purposes.
[Your Signature]
[Date]